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Esplanade, Redcar, TS10

North East

£260,000
Listed on 10/01/2026

Property Details

Bedrooms
3
Type
Detached house

Description

This charming seaside cottage in a desirable area of Redcar boasts impressive sea views and is currently well-maintained, presenting strong potential for renovation and investment. The property features a self-contained one-bedroom cottage at the rear, which could serve as a guest accommodation or rental unit, adding significant value. The expansive land surrounding the property offers ample parking and possible development opportunities, subject to planning permissions. Inside, the main cottage includes an inviting lounge with a bay window, a functional kitchen equipped with modern appliances, and two well-proportioned bedrooms. Both bathrooms are practical but could benefit from contemporary updates. This property is ideal for investors looking to enhance living spaces while capitalizing on the attractive coastal location.

Investment Analysis

(TS10 area)
Area Average
£162/sq ft
Avg Rent (weekly)
£178
Avg Yield
5.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
39
Average per month
Market Turnover
31%
Properties sold annually

Local Market Trend (TS10)

Area prices are rising by +6.4% over the last 12 months
3 year growth: 4.8%
5 year growth: 22.9%
Investment Disclaimer: Analysis based on TS10 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Esplanade, Redcar, TS10
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£952
Based on a loan of £195,000 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE